USD/CHF Signal - USD 3 Month Bill Auction - 19 Jun 2021

USDCHF is trending to the upside currently, and the trend has made a pullback prior to the USD 3 Month Bill auction. The Bill Auction reveals the yield for the bill, and interest rate yields on USA government debt are a key indicator for global markets. Technically the pair has pulled back towards support, and we anticipate continued upside with the data release.